Marc Dierckx, CFO and member of the executive board at DLL, will step down from his position and leave the company on Aug. 31 after more than 18 years with the company. The news was shared with DLL’s global workforce in May.

“We now have a solid management team in place and a highly skilled global network of finance professionals,” Dierckx said. “It is the right time to hand the baton to a new leader who will define the next great chapter for the finance team at DLL.”

Dierckx joined DLL in 2004 and has held multiple leadership roles with the company, culminating with his appointment to CFO and executive board member in 2017. He previously served as deputy CFO and president of the office technology global business unit.

“On behalf of both Rabobank and the DLL supervisory board, I want to thank Marc for his many years of dedicated and loyal service to DLL and wish him good luck in all of his future endeavors, both personal and professional,” Berry Marttin, managing board member for Rabobank and chairman of the DLL supervisory board, said.

A search for Dierckx’ successor is already underway and once DLL secures the requisite approvals from regulatory authorities, it will announce the new appointee.